News articles tagged Financial Crisis

No Property Buyers, Realty Developers Troubled

Soaring property prices deter buyers, leaving developers with unsold inventory and financial struggles. Major cities face declining sales, impacting developers like Mantri Realty.

Commercial realty hit by weak office space absorption

Commercial real estate faces challenges due to a decline in office space absorption by IT firms across India's top eight cities. This slowdown impacts both demand and supply.

Troubled Air India to Monetize its Real Estate Assets

Air India plans to monetize its real estate assets, including properties in Delhi, Mumbai, Chennai, London, and Tokyo, to address its financial challenges and raise around Rs. 5,500 crore over the next ten years.

IMf Chief says,Global Economic Crisis presents many lessons.

IMF chief Christine Lagarde emphasizes the need for a robust financial sector to drive economic growth, citing it as a key lesson from the global slowdown.

Citigroup gets economical support from US government

Citigroup secures $326 billion US government support, impacting global markets and leading to changes within its Indian operations.

How will India Survive In Global Financial Crisis

The US financial crisis impacts India's growth, ADB lowers India's GDP forecast to 7-7.4%, citing global economic woes and fiscal imbalances.

Lehman Fall May Deepen Indian Realtors’ Credit Woes

Lehman Brothers' bankruptcy may cost Indian real estate $1 billion, impacting investments in firms like DLF and Unitech, and exacerbating the credit crisis for Indian developers.

Property Loans Default

A report reveals a staggering 400% increase in commercial property loan defaults over the past year, highlighting the struggles of smaller investors amid financial challenges.